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  • Project Management Journal

    A comparative study of the benefits of applying target cost contracts between South Australia and Hong Kong member content locked

    By Chan, Daniel W. M. | Lam, Patrick T. I. | Chan, Joseph H. L. | Ma, Tony | Perkin, Thomas This paper aims to identify and analyze the key benefits of adopting Guaranteed Maximum Price and Target Cost Contracting (GMP/TCC) over and above the traditional lump-sum contractual arrangement…

  • PM Network

    Lost costs member content open

    By Zafar, Zartab | Rasmussen, Dean Lost efficiency on construction projects can affect productivity. Project managers should periodically examine the productivity rate and learn the causes of inefficiency. Two methods for gauging…

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